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Bullboard - Stock Discussion Forum Xali Gold Corp V.XGC

Alternate Symbol(s):  CGDXF

Xali Gold Corp. is a Canada-based mineral exploration company that has gold and silver projects in Peru and Mexico. It operates in three geographical areas: Peru, Mexico and Canada. Its Mexican Properties include El Oro Hard Rock, El Oro Tailings and Western Mexico. Its Peruvian Properties include Tres Marias. Its flagship asset, El Oro Project, is a gold project encompassing the gold-silver... see more

TSXV:XGC - Post Discussion

Xali Gold Corp > Any comments folks?
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Post by PunkRocky on Jan 21, 2023 3:26am

Any comments folks?

What Xali CEO said at the end of the video in the link below... "So once our finances are a little more  secure, we can be raising money for that."

What does she mean by that exactly? Is a capital raise coming? (dilution for us shareholders) Or will she be using any Xali profits made for the drilling exploration?

Has anyone here been able to reach management and get replies with company email responses lately?

https://themarketherald.ca/xali-gold-signs-profit-sharing-agreement-and-extends-option-agreement-2023-01-20/
Comment by Kaisercal on Jan 21, 2023 2:16pm
It does not make sense but it does sound like once they get permits they'll be raising money probably through pp to fund the drill program if they ever do get permitting. I have lost all confidence that this company will ever do anything. Wish I dumped it at tax loss last year. 
Comment by bluemoons20 on Jan 22, 2023 5:47pm
Well, Lets see how they are at raising money.   Wiht all the hype about  how wonderful the property is with  all the veins that are already know  ,  Ant PP  should be well above the market  price.  So lets say  since we are trading at 6  cents,  the  PP  should  be  at  about  10  cents minimum.  Have ...more  
Comment by joe0301 on Jan 22, 2023 12:59am
This post has been removed in accordance with Community Policy
Comment by Kalidog on Jan 22, 2023 6:03pm
They haven't replied to my last 3 emails, so no, I am assuming no one else has had replies either.